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Dec 18, 2012
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first signs of a changing dynamic in washington. many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that will require complex solution. no single piece of legislation no single action will fully address the problem. so i don't have a specific agenda to announce to you today. >> one of the nation's leading proponents for gun regulation, mayor michael bloomberg, said he is prepared to use his own personal fortune for this cause. adding there's simply no need to wait for another tragedy to happen. >> if the massacre in tn
first signs of a changing dynamic in washington. many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that...
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Dec 1, 2012
12/12
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CNBC
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stocks eking out gains as traders wait on washington. a flashing red warning sign emerging for the consumer. shares of yum brands taking a hit on the warning on the outlook for china. what does this mean for the other multinationals. this is much more than a single stock story because yum is looked at as a barometer for china growth. >> this year as mcdonald's was signaling that china was weakening we are seeing sales trends weaken. yum was doing fantastically in both regions. yum gets it disproportionate from the sales. and a lot of investors were wondering how these guys were bucking the trend for so long. to me this is a little curious. just gave guidance on october 10. to me they may have a bit of a credibility problem. the other one we were talking about is tiffany's. they have downgraded yesterday and that was also based on china. you are getting it on both sides of the spectrum. >> that is a great point in terms of their guidance. that is what caught the markets by surprise given the proximity of the most recent guidance. now they
stocks eking out gains as traders wait on washington. a flashing red warning sign emerging for the consumer. shares of yum brands taking a hit on the warning on the outlook for china. what does this mean for the other multinationals. this is much more than a single stock story because yum is looked at as a barometer for china growth. >> this year as mcdonald's was signaling that china was weakening we are seeing sales trends weaken. yum was doing fantastically in both regions. yum gets it...
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Dec 18, 2012
12/12
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WRC
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about 200 people rallied outside the washington, d.c. headquarters of the national rifle association. the demonstrators called for the powerful lobby group to stop calling for gun control reform. >>> out west, a group caused an astounding number to turn in guns. they receive the 596 guns. $200 cash was given out for each gun until the cash ran out forcing them to hand out vouchers. >>> and authorities charged 200 with hazing crimes. 19-year-old david boganburger died december 2nd. after taking place in a drinking ritual. and his alcohol level was five times the legal limit. >>> finally, crews rushed to find a man who fell 30 feet inside a water tower. the man suffered two broken legs and a broken nose but was hoisted out of the tank. >>> in and victor cruz on connecticut shooting victim jack pinto. as we showed you yesterday, cruz wrote jack pinto's name on his shoes calling him my hero. after the game, he told how he felt. >> it was emotional a, man. it felt good to honor a family that was going through so much. no words to describe the
about 200 people rallied outside the washington, d.c. headquarters of the national rifle association. the demonstrators called for the powerful lobby group to stop calling for gun control reform. >>> out west, a group caused an astounding number to turn in guns. they receive the 596 guns. $200 cash was given out for each gun until the cash ran out forcing them to hand out vouchers. >>> and authorities charged 200 with hazing crimes. 19-year-old david boganburger died december...
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Dec 28, 2012
12/12
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CNBC
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and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> this is a live shot at the white house where congressional leaders met with the president about an hour ago. let's head down to d.c. for the latest on the stor
and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]...
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Dec 18, 2012
12/12
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MSNBC
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. >> reporter: as protesters gathered outside offices in washington, the nra again declined to comment on the debate, but there were signs that the sandy hook massacre has impacted capitol hill. >> as your senator i will protect our second amendment rights. >> reporter: west virginia senator, joe manchin, a life-long nra member said he is rethinking his own positions. >> i don't know anybody that goes hunting with an assault rifle. i don't know anybody that needs those types of multiple clips as far as ammunition. >> reporter: and former republican congressman, joe scarborough, now an msnbc host also reversed himself on gun control. >> politicians can no longer be allowed to defend the status quo. they must instead be forced to defend our children. >> reporter: but at least one texas republican continues to defend the right of americans to own assault weapons. >> it ensures against the tyranny of the government. >> reporter: amid the talk of gun control, gun sales have picked up. in portland, just a week after a gunman killed two in an area mall. >> yesterday was the biggest day we've
. >> reporter: as protesters gathered outside offices in washington, the nra again declined to comment on the debate, but there were signs that the sandy hook massacre has impacted capitol hill. >> as your senator i will protect our second amendment rights. >> reporter: west virginia senator, joe manchin, a life-long nra member said he is rethinking his own positions. >> i don't know anybody that goes hunting with an assault rifle. i don't know anybody that needs those...
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Dec 31, 2012
12/12
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MSNBCW
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to i wish that things were more orderly in washington? and rational and people listen to the best arguments and compromise and operate in a more thoughtful and organized fashion? absolutely. but when you look at history that's been the exception rather than the norm. >> now here is your "first look" at this morning's dish of scrambled politics. a new the die found the long lines in central florida on election day discouraged as many as 49,000 people from voting. on "meet the press" nbc's tom brokaw says there's a simple explanation for what's wrong with our elections and the lawmakers sent to washington. >> the system is rigged. 75% of the congressmen come from gerrymandered districts which which they are bullet proof. >> as 2012 comes to an end the 112th congress will go down in history as the most unproductive in 60 years. 219 bills have been passed. that's compared to 383 bills passed by the last congress. 460 by the one before that. >>> despite that terrible record president obama has signed an executive order giving returning members
to i wish that things were more orderly in washington? and rational and people listen to the best arguments and compromise and operate in a more thoughtful and organized fashion? absolutely. but when you look at history that's been the exception rather than the norm. >> now here is your "first look" at this morning's dish of scrambled politics. a new the die found the long lines in central florida on election day discouraged as many as 49,000 people from voting. on "meet...
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Dec 31, 2012
12/12
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all right, thanks. >>> the new year's countdown in washington, d.c. is about spend urge money as we await the outcome of the fiscal cliff negotiations. on the positive side you won be seeing $8 a gallon for milk because congress gave a one year extension for the farm bill. those who love your 75 watt light bulbs stock up while supplies last. new federal laws prohibit them to be import order produced in 2013. the tribune company announced it's emerging from bankruptcy with new ownership and new board of directors and forbes has compiled a list of new york's resolution that successful people make and actually keep. among them plan vacations now. wake up to the essentials first, check e-mail second. support a cause. find your purpose and go for it. go for it. new year's day marks the 150th anniversary of emancipation proclamation. the document is once again on display. ron mott has details. >> reporter: showing its age the emancipation proclamation still draws attention. >> it's amazing to see abraham lincoln's signature. >> reporter: today the frail ord
all right, thanks. >>> the new year's countdown in washington, d.c. is about spend urge money as we await the outcome of the fiscal cliff negotiations. on the positive side you won be seeing $8 a gallon for milk because congress gave a one year extension for the farm bill. those who love your 75 watt light bulbs stock up while supplies last. new federal laws prohibit them to be import order produced in 2013. the tribune company announced it's emerging from bankruptcy with new ownership...
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492
Dec 27, 2012
12/12
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WBAL
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the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of their own that could get bipartisan support. >> reporter: taxes go up for every worker next week. unemployment benefits for those out of the job longest run out. deep spending cuts kick in that could hasten a recession. and that hits a nerve. >> it really upsets me, because the government is supposed to be working for the people. and i don't see that. >> i wish they would hurry up and make a decision, one way or the other. >> reporter: today, even house chaplain's daily prayer -- >> as this chamber lies silent still -- >> reporter: reflected the painful wait for a deal to
the president left his family in hawaii to return to washington. with the help of the economy and a bank account of every american family on the line. but the back and forth bickering continues. >> the only people in america who don't think taxes should be raised on the ridge are the republicans who work in this building. >> make no mistake. the only reason democrats have been trying to deflect attention on to me and my colleagues over the past few weeks, they don't have a plan of...
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Dec 16, 2012
12/12
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CSPAN2
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in minnesota, and in maine, and they span the spectrum, and in two states, washington and maryland, the legislature passed gay marriage, now going to the voters to veto it or affirm the legislature's decision. in minnesota, they are voting on a marriage amendment saying marriage is one man and one woman, 30 some-odd states passed similar legislation, and in maine, for the figure time, trying to pass gay marriage. will be an interesting election for those of us who watch marriage, and, yet, you know, up until this year, gay marriage has never won any open vote. given this is a real question. given the simple and beautiful case you lay out for gay marriage, why do you think it has not -- why are there so many people who really are not on board with this gay marriage thing? >> guest: it's a fair question, but i don't like it when you call it the "gay marriage thing" because it sounds trendy. >> host: i thought you told us it was a trend. >> guest: i didn't mean it that way, but a trend of the -- i think people are afraid of the unknown. i think that, frankly, your side has been much be
in minnesota, and in maine, and they span the spectrum, and in two states, washington and maryland, the legislature passed gay marriage, now going to the voters to veto it or affirm the legislature's decision. in minnesota, they are voting on a marriage amendment saying marriage is one man and one woman, 30 some-odd states passed similar legislation, and in maine, for the figure time, trying to pass gay marriage. will be an interesting election for those of us who watch marriage, and, yet, you...
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Dec 21, 2012
12/12
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CNBC
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the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows were down 3%. in the s&p. so we closed down about 1% here and so here's a situation where i think the options market kind of has this a little bit. the six futures curve started ticking up earlier in the week in kind of a precursor to some of the equity weakness we saw today. in a lot of senses a pretty quarterly sellover. >> i agree with that. one of the things we saw in the options market. we've spoken about this many times. there are holidays coming up, if you back the holidays out, we're expecting greater than expected volatility at a time when
the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows...
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Dec 10, 2012
12/12
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CNBC
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i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know i
i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what...
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Dec 14, 2012
12/12
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thank you so much, eamon javers in washington. neither side seems closer to signing on the dotted line so is congress living on borrowed time with the markets as it drags out the process in the next couple of weeks? christopher whalen is with me and says the market will throw a tantrum if we don't get a deal and another says the markets will trade sideways to slightly lower from now until year end. >> you think the markets have actually baked in no deal? >> i think there's likely to be a deal by late december, early january, last minute and the markets are poised to rally. i think they are kind of going sideways the next few days or so. i think they are probably going to rally in the year end, early january and then i'd be worried about a downtown because i think the first quarter will be surprisingly weak in the united states. >> the first quarter will be weak. we already know about the anticipation going into the first quarter. the reason i'm stuck on this question is you think that this is baked in because i think the market is
thank you so much, eamon javers in washington. neither side seems closer to signing on the dotted line so is congress living on borrowed time with the markets as it drags out the process in the next couple of weeks? christopher whalen is with me and says the market will throw a tantrum if we don't get a deal and another says the markets will trade sideways to slightly lower from now until year end. >> you think the markets have actually baked in no deal? >> i think there's likely to...
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Dec 7, 2012
12/12
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know, catastrophic news out of any part of the world or washington. >> do doors start to open a little bit? i keep hearing 1419, 1420. is there anything special about it? >> you could get into the technical range. that's a level people would to hit or head a few times or barack through it. i don't think we'll have enough fuel to burst through the tank but perhaps we'll see something. >> joe, have a good weekend. >> thanks. >> that does it for us here on a friday morning. let's get back to headquarters. wapner and the fast money half time. >> here is where we stand. take a look at the nasdaq right here in the red as we speak. here's what we're following on halftime today. on notice, netflix's boss reed hasting gets a warning from the s.e.c. what does it mean for the beaten down stock and the company's future? >>> food fight. mcdonald's shares looking golden to one wall street firm. our buyer and seller square off in a super-sized debate. but first our top story, apple's rotten week. the stock's on track to have its worth week in 2 1/2 years. all told more than $40 billion in market cap
know, catastrophic news out of any part of the world or washington. >> do doors start to open a little bit? i keep hearing 1419, 1420. is there anything special about it? >> you could get into the technical range. that's a level people would to hit or head a few times or barack through it. i don't think we'll have enough fuel to burst through the tank but perhaps we'll see something. >> joe, have a good weekend. >> thanks. >> that does it for us here on a friday...
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Dec 6, 2012
12/12
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i think if there's absolute gridlock in washington -- and right now washington seems to be on another planet. all of us in the markets, people at home, people in the country want republicans and democrats to work together. everyone seems to want that except for republicans and democrats. if they really are as far apart as they seem at times, we could shoot ourselves in the foot. >> i think most of us wish that washington were on another planet. and that we could just take the whole group and ship them there. since we can't do that, however, i think if we do get two weeks or a month worth of argument that results in the fiscal cliff being -- that we fall off the cliff, then you are going to start seeing layoff notices and the rest. fortunately, i would say we're going to accelerate that unemployment and the job loss, unfortunately, if that happens. and that's going to result in warnings going forward from all the major industrial companies, as well. that's what i hope washington is listening to, and that's why i hope they turn away from that. >> absolutely. i agree completely. i was de
i think if there's absolute gridlock in washington -- and right now washington seems to be on another planet. all of us in the markets, people at home, people in the country want republicans and democrats to work together. everyone seems to want that except for republicans and democrats. if they really are as far apart as they seem at times, we could shoot ourselves in the foot. >> i think most of us wish that washington were on another planet. and that we could just take the whole group...
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Dec 27, 2012
12/12
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FOXNEWSW
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and we'll come back to washington, d.c. sunday evening, 6:30 p.m., no later than. >> let's talk about the senate minority leader, mcdonnell, saying hopefully there's time to get this fixed. is there time? >> i think there is. you know, we have done our business in the house of representatives. we have sent a bill to the senate which says we will keep all these tax rates where they are and the senate must act on that bill. that election. -- legislation. we don't need to talk about people getting together in a room to come up with a deal. we need to do that which is pragmatic and keep the money in the pockets of the american people. right now the spending problem we have in washington, d.c. is affecting this country. we have not had a budget passed by the senate in the last three or four yours. we're telling the american people they have to tighten their bootstraps but we do not want to do that in washington, d.c. we have a federal reserve printing more money to the tune of $45 billion a month to buy up treasury bonds, which
and we'll come back to washington, d.c. sunday evening, 6:30 p.m., no later than. >> let's talk about the senate minority leader, mcdonnell, saying hopefully there's time to get this fixed. is there time? >> i think there is. you know, we have done our business in the house of representatives. we have sent a bill to the senate which says we will keep all these tax rates where they are and the senate must act on that bill. that election. -- legislation. we don't need to talk about...
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Dec 18, 2012
12/12
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CNBC
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one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its previous highs. >> 52 week high. what we haven't mentioned i think might be the most important metric in oracle, the new licensing method was up 17%. they shop out there and continue to show how well they integrate. the problem is we will start pushing up against the 36 level, had been the top 12 years ago and in '09, if i'm not mistaken or '07. keep a look on it. i think it has more room to run, maybe 34, 35, then might be time to take the money off the table. >>> also 52 week highs in shares of sales. >>> meanwhile, bopoulty group, e builder hit its highest levels since april of 2006. do you have
one, the cfo says the washington debate over the fiscal cliff is not hurting the customers' tendency to spend. they're still spending their budgets and they feel great about the trajectory of their sales. still hiring sales people across every region, across vert capitals, cloud. larry ellison chimed in. finally, larry ellison said in qe-3 they'll be turning the corner in hardware revenue and in q4 expect growth and improving margins. >> thanks. you see the stock moving higher towards its...
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Dec 26, 2012
12/12
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FBC
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with only five days left before the fiscal cliff washington is preparing for another round of wheeling and dealing tomorrow. at the closing bell the dow finished 24 points lower to 13,114. >>> treasury secretary tim geithner warning we will reach the debt ceiling by december 31st but geithner did say $200 billion worth of kind of wiggle room could be found, quote from extraordinary measures that would normally buy them two extra months. >>> toyota agreed to pay a billion doll to settle a class-action lawsuit stechling from 2009 and 2010 recalls recommended to unintended acceleration in its vehicles. they will reinstall new safety equipment and reimburse owners as part of the settlement. that's very latest from the fox business network, giving you the power to prosper every school day. that's a line of desks more than 4 miles long. keep students in school. visit boostup.org and take the first step. shibani: oil prices rallying today, jumping nearly 3% to settle just shy of $91 a barrel. today we got an analyst who says prices may be heading even higher. joining us now is tom kloza, chie
with only five days left before the fiscal cliff washington is preparing for another round of wheeling and dealing tomorrow. at the closing bell the dow finished 24 points lower to 13,114. >>> treasury secretary tim geithner warning we will reach the debt ceiling by december 31st but geithner did say $200 billion worth of kind of wiggle room could be found, quote from extraordinary measures that would normally buy them two extra months. >>> toyota agreed to pay a billion doll...
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Dec 26, 2012
12/12
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washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology potentially lower prices as automakers continue to fight for market share. we continue "countdown to the closing bell" with ashley webster. ashley: let's go to nicole petallides at the floor of the new york stock exchange. shares of rim, research in motion. rim it is for real. shares of research in motion. research in motion has been beaten down the past couple of sessions. concerns of a new structure put in effect, and what they were going to do is use a tear factor, those tiers, is unclears unclear how they were going to break down. it contributes to the research in motion
washington preparing for another round of wheeling and dealing tomorrow. right now the dow was trying to find direction, down this .10 points. a downturn after being ordered to pay nearly $1.2 billion in damage in a patent infringement lawsuit. sued for infringing patents related to data storage technology. edmunds.com predicting new car sales will slow in the new year but still plenty of optimism in the auto industry. consumers will continue to benefit from new models, new technology...
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Dec 17, 2012
12/12
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FOXNEWSW
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washington into part of wyoming ant blizzard portions in effect. you are not seeing additional snowfall accumulations. dig can't wind will be causing white house conditions gusting to over 30, 40 miles per hour west. otherwise across the east it will be a little reminder. through georgia into tarts of tennessee large hail. isolated torn could is if you live there we have snow copying down across portions of vermont. maine, heyer portion of will you england. could pick up over 6 over the snow n. minute mid atlantic sit offing ports of the ton tree. 66 dallas san antonio. >>> the time now is 39 after the top of the hour. coming up there's some kind of movement on the fiscal cliff talks. it my mott be good for your mown. >> a soldier reunited with his family just in time to welcome the newest member. that story key coming up. >> after weeks of a dead look there seems tock some movement on the fiscal cliff. here to break down negotiations is diane macedo. >> looks like republican house speaker boehner is closer to the key demands to avert tax hikes and
washington into part of wyoming ant blizzard portions in effect. you are not seeing additional snowfall accumulations. dig can't wind will be causing white house conditions gusting to over 30, 40 miles per hour west. otherwise across the east it will be a little reminder. through georgia into tarts of tennessee large hail. isolated torn could is if you live there we have snow copying down across portions of vermont. maine, heyer portion of will you england. could pick up over 6 over the snow n....
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Dec 7, 2012
12/12
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CNBC
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we have so much uncertainty in washington. we do have slowing economies in europe and in the u.s. >> right. david, what do you say right now? break the tie for us. >> break the tie. in the near term, there's an epic tug of war between extremely aggressive monetary easing and just total disdain for what they're doing in washington on tax and regulatory policy. in the near term, the fiscal cliff prevails. in the longer term, the fed will prevail. there's so much mistrust on stocks that i think that still can be a positive catalyst for stocks relative to traditional bonds over the next 12 months. >> i'm going to push back a little bit on that. >> i'm going to break the tie in ralph's favor. >> david, i want to push back a little bit on that. in terms of -- like, is the fed really that much of a factor these days now in terms of keeping the market afloat? >> absolutely. >> it's not losing its bang for its buck? >> it's not as powerful as it was in the fall of 2008 or even 2010, but when you consider that, u.s., long bonds, 1.5%. s
we have so much uncertainty in washington. we do have slowing economies in europe and in the u.s. >> right. david, what do you say right now? break the tie for us. >> break the tie. in the near term, there's an epic tug of war between extremely aggressive monetary easing and just total disdain for what they're doing in washington on tax and regulatory policy. in the near term, the fiscal cliff prevails. in the longer term, the fed will prevail. there's so much mistrust on stocks...
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Dec 13, 2012
12/12
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but first, let's get straight to our top story, and that is the haggling in washington, d.c. president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details from the white house on potential cuts and entitlement programs. the white house has shown no willingness to go further than they've already gone and they are winning this argument in terms of public opinion. so, another possibility for a shakeup is for republicans to some how give ground and we'll see whether that happens on decoupling top tax rates, 98% of american families. we're going to have to see what happens and if we hear from john boehner and president obama after this meeting which will pro
but first, let's get straight to our top story, and that is the haggling in washington, d.c. president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be,...
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Dec 27, 2012
12/12
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FOXNEWSW
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first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go l
first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the...
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Dec 4, 2012
12/12
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CNBC
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it seemed at that moment when the s&p was trading there were policy makeers in washington, d.c., responded to the market. pelosi talked about the market on that friday, and that's where the encouragement came. i think where we sit now the market is going to force the hand of d.c. policymakers. i still think we get a fiscal deal cliff done. the data we saw yesterday was lousy. the employment component was the worst we've seen since september. i think on friday we're going to get a horrible unemployment report. i think the market is going to force the hand here to get a deal done. this is a tactical call. >> joe has gone a little sour on the market. where do you stand today? >> i'm going to stay as pos 0 tiff as a week ago. you look at the s&p and that's why i will stay positive. sitting around 1407. it broke through key levels and has moved back higher. 1425 on the s&p for an area to break above. so i think i will agree with joe, though, that right now with the data you have seen, with the ism number you saw yesterday, washington has to get something done. i think a deal will get done and t
it seemed at that moment when the s&p was trading there were policy makeers in washington, d.c., responded to the market. pelosi talked about the market on that friday, and that's where the encouragement came. i think where we sit now the market is going to force the hand of d.c. policymakers. i still think we get a fiscal deal cliff done. the data we saw yesterday was lousy. the employment component was the worst we've seen since september. i think on friday we're going to get a horrible...
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Dec 4, 2012
12/12
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CNBC
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think that you saw net long exposure widen out and get into the 50s but with the rhetoric coming out of washington now if you asked me three weeks ago if i thought a deal was going to get done i would have said yes. it does seem like a chicken fight here towards the end. if a deal does not get done that will have a very negative effect on markets. that is our opinion reflected on a lot of the long short guide. i don't think you are going to see some major pop in hedge fund performance coming into the last three weeks. >> it is tim. i think the pressure comes the year after they have had a bad year and guys like you who allocate the edge funds know that. you will probably be patient with a guy who maybe has a down year but he has to be there when the market turns. brazil that is a place where emerging markets have under performed. and the hunt for yield is another part of the question. we had yields all around the world. shouldn't this be an equity catalyst where guys have to reach for a more aggressive asset class because bonds just aren't doing it? >> there is no question that brazil will be the
think that you saw net long exposure widen out and get into the 50s but with the rhetoric coming out of washington now if you asked me three weeks ago if i thought a deal was going to get done i would have said yes. it does seem like a chicken fight here towards the end. if a deal does not get done that will have a very negative effect on markets. that is our opinion reflected on a lot of the long short guide. i don't think you are going to see some major pop in hedge fund performance coming...
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Dec 29, 2012
12/12
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WJLA
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this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north and west to get. be all ranid to the south. mostly rain. high's 35-40. >>> give me the rope from under the seat. >> take a look at this dramatic chain reaction, ice rescue in the mountains of california. one by one, he's sledders plunging into the icy waters. and the whole thing was caught on tape. coming up, how all these people were saved in a matter of moments. 12 people falling into the ice. horrifying video. >> incredible video. we'll show you the rescue in a few minutes. good morning, america. i'm dan harris, alongside bianna golodryga on
this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north...
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Dec 27, 2012
12/12
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MSNBCW
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. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capi
. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor...
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Dec 27, 2012
12/12
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WBAL
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president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so yo
president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain...
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Dec 11, 2012
12/12
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CNBC
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what the negotiations may turn out to be in washington? the overall sentiment leaping into the end of the year? >> i think relative to santa claus i think ben bernanke is coming tomorrow -- >> they both have white beards beards. >> that environment in essence, why be in cash? why be in treasuries? they're forcing you to go out and acquire risk -- whether you believe it's artificial or not. i think there is credibility in the belief that the lot of it is artificial stimulation. >> doesn't matter. >> it doesn't matter. >> market's going up. you want to be a part of it. >> the market, you are being forced into risk assets. it looks like europe is improving. looks like i merging markets are improving. there's other places for the flows of capital to go. not just the u.s. >> i think boehner sounded like today he was overplaying his hand a little bit. if you step back from the rhetoric, the back and forth posturing in washington, i think you have a market that if you look back in october, the s&p was trading 1470. it pulled all the way back afte
what the negotiations may turn out to be in washington? the overall sentiment leaping into the end of the year? >> i think relative to santa claus i think ben bernanke is coming tomorrow -- >> they both have white beards beards. >> that environment in essence, why be in cash? why be in treasuries? they're forcing you to go out and acquire risk -- whether you believe it's artificial or not. i think there is credibility in the belief that the lot of it is artificial stimulation....
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Dec 14, 2012
12/12
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CNNW
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and our jessica yellin reports that some in washington believe that a deal has to be done by tomorrow in order to get it through congress before the end of the year. >>> and back here in kabul, afghanistan, where we are taking a look at america's 11-year war, the longest war here in america, where do things stand today? what is the future for afghanistan? one of the main concerns here on the ground is security. just a few hours, we had a stark reminder of that here, when there was a suicide attack right at the entrance of the kandahar airfield. that was a base that the defense secretary, leon panetta had interviewed two years before. the explosion killed one service member and two afghan civilians. the taliban claimed responsibility, calling the bomber a quote/unquote brave fighter. panetta later said terrorists resort to these types of attacks in order to create chaos. well, chaos or not, there are 68,000 american troops who are risking their lives right here in this country tonight. many of them are going to be separated from their family and friends for as long as 15 months, servin
and our jessica yellin reports that some in washington believe that a deal has to be done by tomorrow in order to get it through congress before the end of the year. >>> and back here in kabul, afghanistan, where we are taking a look at america's 11-year war, the longest war here in america, where do things stand today? what is the future for afghanistan? one of the main concerns here on the ground is security. just a few hours, we had a stark reminder of that here, when there was a...
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Dec 21, 2012
12/12
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CNBC
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i want to show you a shot of washington. president obama will address fiscal cliff issues in about 30 minutes. we will take you there live to hear the president's comments on the fiscal cliff negotiations. >>> meanwhile, a mafs winter storm sweeping across the country once again. up next, find out which stocks could get forgot bite and which could benefit from this winter. coming up, break down the trade for you with "options actions. " card hassles? introducing chase liquid. the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. . >>> winter strong draco shutting down flights out of on chicago. the weather channel's paul walsh joins us with the business impact here. paul, the holidays are a crucial time for many businesses. who is being impacted the most weekend? >> yeah. interestingly maria, the weather this year is largely impacting business by the weathe
i want to show you a shot of washington. president obama will address fiscal cliff issues in about 30 minutes. we will take you there live to hear the president's comments on the fiscal cliff negotiations. >>> meanwhile, a mafs winter storm sweeping across the country once again. up next, find out which stocks could get forgot bite and which could benefit from this winter. coming up, break down the trade for you with "options actions. " card hassles? introducing chase liquid....
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Dec 27, 2012
12/12
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FBC
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president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan. >> i see the speaker painting the escape hatch, put the economic base in your own state as speaker of the house. million of middle-class families are nervously watching, waiting and counting down the moment until our taxes go up. >> that escape hatch would keep taxes where they are for families earning less than $250,000 a year and increase for those earning more. a response from house speaker john boehner's office, spokesperson saying harry reid should talk less and legislate more. the house has passed legislation to avoid the entire
president obama back in washington d.c. spoke to all the congressional leaders, top democrats and republicans in the house and senate, no update, or signs of real progress, senior administration official says this one is up to congress to figure out. house republicans say we need the senate to act, senators say we need republicans to act. terry reed hit the floor a short while ago and said it looks like we are headed over the fiscal plan and called on the house to set -- pass the senate plan....
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Dec 29, 2012
12/12
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KGO
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>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a deal. >> you agree they will probably come to a small deal. but the bigger issue could happen a couple of months from now, and that that's the debt ceiling. that's kicking the can down the road again. >> that's right. we're going to be here again. remember the debt ceiling debacle a year and a half ago. that led to the downgrading of our credit. and the s&p blamed an atmosphere of partisanship. but the ration questions americans have to ask themselves, is if we couldn't get anything done in the lame duck congress, after the election, politicians will be free t
>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a...
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Dec 12, 2012
12/12
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CNBC
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washington has yet to revoke the laws of supply and demand, and we certainly have supplied the economy with a massive amount of liquidity with the same goods and services, the balance has to be priced, and a price situation is going to be higher levels of inflation and they are keeping rates down pretty much right now. >> yeah. >> we have a diminishing level of return, and that's what's happening. we're pushing rates down, but it's not having the impact. >> lower bang for your qe buck as steve liesman put it earlier on. >> thanks for joining us. always good to see you, eyore pento. >> putting fire into the conversation. >> thank you. >>> so much for the holiday cheer. with the rate things are going in washington, there will be plenty of holiday jeer between now and the new year. >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >>> well, two former presidential candidates face off after the break. i feel like i'm going back to 2008 or 2004. steve forbes says no tax hikes for anybody while howard dean argues everybody needs to pay a
washington has yet to revoke the laws of supply and demand, and we certainly have supplied the economy with a massive amount of liquidity with the same goods and services, the balance has to be priced, and a price situation is going to be higher levels of inflation and they are keeping rates down pretty much right now. >> yeah. >> we have a diminishing level of return, and that's what's happening. we're pushing rates down, but it's not having the impact. >> lower bang for your...
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Dec 27, 2012
12/12
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MSNBCW
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check out my work at "washington post" at wonkblog.com. "first look" is up next. >>> right now on "first look," heavy snow, thunderstorms, freezing rain and high winds serving up a nightmare for stranded holiday travelers. >>> president obama aboard air force one right now racing back to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after
check out my work at "washington post" at wonkblog.com. "first look" is up next. >>> right now on "first look," heavy snow, thunderstorms, freezing rain and high winds serving up a nightmare for stranded holiday travelers. >>> president obama aboard air force one right now racing back to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that....
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Dec 31, 2012
12/12
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CNBC
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to our way of thinking, what's happening in washington is not favorable. it is dysfunctional and it does speak with the debt ceiling one or two months forward to a potential for deficits to remain in the trillion dollar category going forward. so as that symptomatic or emblemattic of a type of credit, perhaps not. we would very much watch the fiscal situation as it develops over the next several years and the ability to reduce entitlements, to raise taxes, to bring it into balance. >> and finally, bill, before i let you go, 2012 will certainly be remembered for the statement that you made that the cult of equity is dying and whether it's jack bogul that was on the program who says he disagrees, and you can say he was talking his book as others say you were talking yours, but you get the idea he disagrees with that. many other people on this network flat out disagree with that statement. what would make you change your mind and do you regret making that comment? >> well, first of all, you have to understand, i said that the cult of equity is dying, i didn't
to our way of thinking, what's happening in washington is not favorable. it is dysfunctional and it does speak with the debt ceiling one or two months forward to a potential for deficits to remain in the trillion dollar category going forward. so as that symptomatic or emblemattic of a type of credit, perhaps not. we would very much watch the fiscal situation as it develops over the next several years and the ability to reduce entitlements, to raise taxes, to bring it into balance. >> and...
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Dec 21, 2012
12/12
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CNBC
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memo to washington who people think there can be a deal easily. these republicans don't fear the wrath of speaker boehner like they do the whip of norquist who can produce primary challenges against anyone that crosses him. boehner won't do that. in two week's time we'll have a dramatic automatic tax increase and norquist can rally for immediate tax relief for a tax cut like he likes to. going over the cliff is the only way norquist controlled republicans are spared the wrath of grover which i believe having known grover for 35 years is indeed worse than the wrath of con. so if a deal is more likely, why sell now. legitimate question, ain't it. it could be the major reason we didn't sell-off. we rallied 7%. even if boehner's plan b won and president said that's legitimate stillbornen and couldn't be considered serious. there's been little selling in the last few weeks despite how much politicians clearly loathe each other and couldn't have a pbr. i believe we can quick selling off. more and more people recognize we could go over the cliff. even if
memo to washington who people think there can be a deal easily. these republicans don't fear the wrath of speaker boehner like they do the whip of norquist who can produce primary challenges against anyone that crosses him. boehner won't do that. in two week's time we'll have a dramatic automatic tax increase and norquist can rally for immediate tax relief for a tax cut like he likes to. going over the cliff is the only way norquist controlled republicans are spared the wrath of grover which i...
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Dec 24, 2012
12/12
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CSPAN
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"washington journal" is next. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] h., congress returns later this week to washington with eight days to go to avoid the so- called fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your t
"washington journal" is next. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] h., congress returns later this week to washington with eight days to go to avoid the so- called fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun...
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Dec 31, 2012
12/12
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CNNW
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thank you very much. >>> our other big story of the night, no deal in washington, can they do it in 24 hours what they haven't been able to do until now? next. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain rel
thank you very much. >>> our other big story of the night, no deal in washington, can they do it in 24 hours what they haven't been able to do until now? next. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal...
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Dec 28, 2012
12/12
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CNBC
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 31, 2012
12/12
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FBC
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all eyes must be on washington. are investors more encouraged we will get some kind of a deal, however you want to characterize it by midnight tonight? >> hi, lori, hi, ashley. doesn't seem like it if you look at market numbers. they're hiring when we started this morning but they're actually lower before the president started speaking today. the dow is up 45 points. nasdaq is up about 32, and s&p is up about nine. not a huge amount of optimism. still across the board green. we're keeping an eye on duff and phelps. this is a private equity firm, struck a deal to buy that company for $365 million that is 19% premium from the closing price on friday. duff is up almost 20% on the day. year-to-date up 8%. not a bad way to close out the year for duff and fellsps. back to you. lori: thank you. there is little optimism. the fact we heard from the president who seemed to helicopter in as liz macdonald was suggesting to me in the greenroom here and that we are seeing some numbers. looks like the tax cut threshold, 400 for in
all eyes must be on washington. are investors more encouraged we will get some kind of a deal, however you want to characterize it by midnight tonight? >> hi, lori, hi, ashley. doesn't seem like it if you look at market numbers. they're hiring when we started this morning but they're actually lower before the president started speaking today. the dow is up 45 points. nasdaq is up about 32, and s&p is up about nine. not a huge amount of optimism. still across the board green. we're...
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Dec 30, 2012
12/12
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KRON
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jessica yellin has the >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to increase taxes on the highest income earners. but negotiators could still work out exactly where those tax increases would hit and whether they would halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to
jessica yellin has the >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans....
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Dec 27, 2012
12/12
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he is old-school washington. i wouldn't say in the best way but in the -- in a certain hapless sad way. it's the way it works. and he's got these, as he and his, you know, the members -- the same members of his caucus, the 40 or 50 people to his right who just can't cut him a break and won't let him lead even if he wants to lead. >> you know, kurt just used the word that has disappeared more or less, i think, from day-to-day language, the word is "pension." i can remember tip o'neill telling me that the second night that gerald ford assumed the presidency, that gerald and betty ford invited tip and millie o'neill down to the white house for dinner. they were the best of friends in the house, and they remained friendly for years. so the o'neills and the fords, president ford, were having dinner. and at one point during the dinner, president ford says to tip o'neill, "tip, do you have any idea of what the bump in pay for this job is going to mean for my pension?" you know, which is sort of a cute story. it sort of
he is old-school washington. i wouldn't say in the best way but in the -- in a certain hapless sad way. it's the way it works. and he's got these, as he and his, you know, the members -- the same members of his caucus, the 40 or 50 people to his right who just can't cut him a break and won't let him lead even if he wants to lead. >> you know, kurt just used the word that has disappeared more or less, i think, from day-to-day language, the word is "pension." i can remember tip...
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Dec 5, 2012
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while we wait for washington to strike a deal, jim's making sure you're ready when he plays, am i diversified. plus wooin garten realty ahead with jim. we have your first look at tomorrow when we come back. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 50
while we wait for washington to strike a deal, jim's making sure you're ready when he plays, am i diversified. plus wooin garten realty ahead with jim. we have your first look at tomorrow when we come back. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our...
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Dec 10, 2012
12/12
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brian mooar, nbc news, washington. >>> sad news it tell you about out of afghanistan where a u.s. navy s.e.a.l. was killed during the rescue operation of a colorado doctor. the s.e.a.l. team 6 member was killed while working to rescue dr. joseph, who worked for a christian nonprofit group. u.s. officials believed the doctor's life was in danger. >>> president obama said the fallen special forces member whose name has not been released "gave his life for his fellow americans." >>> latin music fans mourning the tragic death of mexican american singer jenni rivera. the 43-year-old grammy nominee and six others died early sunday when their small plane crashed in rough terrain in northern mexico. rivera performed a concert in the northern city of monterrey hours before the plane took off. the learjet reportedly lost contact with air traffic controllers shortly after takeoff. the cause is under investigation. jenni rivera's brother tells e news the family is devastated. >>> dallas cowboys' defensive lineman josh brent is out of jail on bond of half a million dollars after the death of t
brian mooar, nbc news, washington. >>> sad news it tell you about out of afghanistan where a u.s. navy s.e.a.l. was killed during the rescue operation of a colorado doctor. the s.e.a.l. team 6 member was killed while working to rescue dr. joseph, who worked for a christian nonprofit group. u.s. officials believed the doctor's life was in danger. >>> president obama said the fallen special forces member whose name has not been released "gave his life for his fellow...
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Dec 3, 2012
12/12
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now i got to deal with this morass in washington. while i'm optimist thak if congress and the president canceled vacations, remember, no vacation without legislation and stayed to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grower, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm still hoping we don't go over the cliff. but i can't be sang win if we do. i think it means that the stock market will get hammered even as it might bounce back if the austerity is lifted by a dreaded, hated compromise that both sides seem to despise. i have a list of ten stocks that would be the bass-backers. you got to stay tuned for those. but it would be a bounce-back. let's go to isaac in pennsylvania. isaac? >> caller: jim, how are you today? >> i'm okay. how about snu. >> caller: just fine. i have a question about dean foods. >> sure. >>
now i got to deal with this morass in washington. while i'm optimist thak if congress and the president canceled vacations, remember, no vacation without legislation and stayed to avert the cliff. i'm worried that they're sworn to not compromise. i'm worried that rising above is anathema to democrats and repugnant to the republicans as the phrase, grower, hide your ears, higher taxes. here's the bottom line. a new school which says the cliff jump won't be that bad has now entered the fray. i'm...
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he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the dance that is going on here. two scorpions dancing around each other waiting to strike. you know bowles said last night at an interview, i think you said it best, both sides would get killed by their base if the true deal was out right now. they would just get killed. dagen: do they know what the true deal is? >> no. i do not think they know yet. i think they know the framework of the true deal. they almost got there. they know what each side needs to happen for their faith to be semi- happy. they know where the red line is that at least they have talked about. i think until you get in that room and hammer it out, you do not know the parameters of where exactly that will be. i do not think you will get to that room until we get closer
he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the dance that is going on here. two scorpions dancing around each other waiting to strike. you know bowles said last night at an interview, i think you said it best, both sides would get killed by their base...
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Dec 11, 2012
12/12
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what happens if washington calls it a win, $3 trillion? >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. the real problem going forward is you know, that we're going over the cliff no matter what. it depends on whether we go over like wile keme. coyote or like road runner with a parachute. that's the road runner with a parachute. but still, that cliff is like the grand canyon. there are more entitlements to cut and more taxes to raise over the ensuing years. >> and that, i guess, is the problem. all right, i prefer to be road runner with a parachute than wile e. coyoty. i'll give you that, but as you said, we still go off the cliff. how can washington do a deal as big as the numbers you say we need that will prevent the country from, just to give people a sense of what the outcomes could be, it could be your borrowing costs sky rocket, it could be your cost of living plunges. it could be serious in t
what happens if washington calls it a win, $3 trillion? >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. the real problem going forward is you know, that we're going over the cliff no matter what. it depends on whether we go over like wile keme. coyote or like road runner with a parachute. that's the road runner with a parachute. but still, that...